Loading ...Yeah they are the producers and have to find them as well as look for trouble if what they mine falls below production costs or too close. The explorers are at highest risk for obvious reasons. Generally how it goes is when the metals rally in earnest the producers who have not hedged too much and produce at lower costs will rise first them during the end of the cycle the explorers in sympathy moves or speculation will rise last. Kinda like the poor mans gold when the prices of the others have made significant gains.
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